$699,000
332 Highway 129
Chapleau, ON
About this property
Discover a rare investment opportunity with this expansive ~78-acre property featuring an established mobile home park. Currently configured with 32 sites, 26 of which are leased, the property offers immediate, stable income with room for growth. This well-located parcel presents significant upside potential, including the opportunity to increase occupancy or explore future development possibilities, subject to town bylaws and approvals. With its substantial land base and existing infrastructure, the property is well-suited for investors, developers, or entrepreneurs seeking a versatile asset with multiple revenue streams. Whether you’re looking to expand a rental portfolio, pursue redevelopment, or capitalize on evolving land use opportunities, this property combines current cash flow with long-term potential. A unique chance to secure a large-scale property with both established operations and future possibilities. (id:66946)
Features
Listing courtesy of Exit Realty True North. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.